ECONOMICS
ECONOMIC DEVELOPMENT
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
Because Coca Cola is a Bluk Reducing Industry
|
|
|
Because Coca Cola is a Bulk Gaining Industry
|
|
|
Because Coca Cola is a Footloose industry
|
|
|
Because Coca Cola is a Basic Industry
|
Detailed explanation-1: -Computerized and automated manufacturing equipment increased the speed and volume in which products were produced. These technological advances enabled Coca Cola to compete on a global scale, selling the well-known brand of products across the world at competitive prices.
Detailed explanation-2: -The Coca‑Cola Company does not own, manage or control most local bottling companies. In our concentrate operations, The Coca-Cola Company typically generates net operating revenues by selling concentrates and syrups to authorized bottling partners.
Detailed explanation-3: -Coca-cola effectively uses a low pricing strategy a lot to penetrate new markets that are very price-conscious. They set the prices around the same level as the competitors to enable Coca-cola to be distinct but affordable. They do this to beat the competition on price and raise the awareness of the Coca-Cola brand.
Detailed explanation-4: -Coke is sold in more than 200 countries and territories worldwide. This diverse representation helps the company in steady growth. Coke also has one of the world’s largest distribution networks and derives more than 40% of sales from developing and emerging economy with the growing middle class.